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in infrastructure, if we level the playing field, we will grow the economy. frankly, we have a ball and chain. it is congress. congress is holding us back. we need to change congress in two ways. we people who are more fiscally responsible. when the people who know the basics of how to work together. you will hear these things a lot tonight in my comments. i was the governor who drew top tax fraud. i had to cut $5 billion from the state budget, including my own salary. i'm the only governor in modern times who left the office with a smaller general fund budget and when i started. i know how to be fiscally responsible. my opponent when into the united states senate in 2001 with the biggest surplus in the united states and six years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighti
on the economy, how does the consumer feel about the so-called recovery? we bring you new numbers on that at the top of this coming hour. and let's go to nicole. we have news on apple's mini ipad. what's the news and what's the stock doing? >> oh, the speculation is swirling. well, we'll see whether or not apple takes off the-- and goes under the the wraps here. october 23rd, the day we're looking for. this may be the day we learn a lot more about the ipad mini that we have been talking about here on "varney & company," right. stuart: when we learn a lot more, what will it be? the specs on the thing, how big, how small. >> i don't know. invitation only event. it was reported all things d on today. and we've talked about the fact that the ipad is 9.7 inches, the ipad mini based on some of the analysts who went over to asia and saw some of the displays being ordered were speculating it could be 7.8 inches, so 7.8 rather than 9.7. and so, it will be smaller and will be able to compete, obviously, more readily with the kindle fire and the other smaller types of tablets. stuart: i just
and the greatest peacetime expansion of our economy in the nation's history. by contrast, the decade checked by bush tax rates squandered our budget surpluses, produced net- jobs and culminated in the great recession. the lesson here is that the contrary -- is that contrary to supply-side economics, the level of the top rate does not by itself dictate what happens to gdp. a balanced budget aided by increased revenues just might restore confidence to investors and jump-start our economy. for the third and final element of this tax reform model, we turn to investment income. it is time to reduce the sizable differential and the tax treatment of earned and unearned income. the reduction in the capital gains rate to 15% under president bush was a major contributor to the growth and wealth disparities we see today. the top 1% on average received 20% of incoming capital gains, 10 times as much as the rest of the country. capital gains makes up 60% of the income recorded by the forbes 400. the extremely low 50% rate in effect today is an allied air. it is the lowest rate on investment income since
of commerce to the retail federation. they were discussing the issue and how to get the economy back on track. wall street's top ceos and jpmorgan's dimon saying it's time for a deal. they are tired of kicking the can down the road. avoiding the fiscal cliff requires political sacrifice on both sides. they are not alone wanting a certain degree of state for the markets, and in turn, for investors. joining me is president for america's for tax reform. welcome back to the show. a pleasure to be with you here. >> great to be with you. gerri: they want more in taxes, cutting in spending. with friends like these, who needs enemies, grover? how do you react? >> read today's "new york times," there's an article about the idiot rich businessmen in france who raised taxes a little bit and cut spending and elect the socialist president of france who is now raising their personal income taxes to 75% and their capital gains taxes to 60%, and these very, very smart businessmen who brought this on themselves are running for the borders. gerri: nobody's suggesting that here. in fact -- >> they were not in f
that the economy is a top issue, you run into a risk of focusing on too many items as opposed to jobs and economic issues. host: there will also be a foreign policy debate coming up on october 22. is this a sort of preview of that debate? will this be a preview for the obama camp to see what they will be talking about, coming up? caller: it will be a chance for governor romney to do a preview, yes. the thing that i think occurred many times before, romney camp -- came out and named a lot of these things fairly forcefully. from what we saw yesterday, this will be an even stronger reputation of his view on those issues. getting out on the campaign trail at these paul ryan events, particularly when it comes to the issue of things like foreign aid and how this country deals with the resources when it comes to other places, we do not exactly see that relationship being reciprocal. it is something that has gotten a surprising amount of attention on the trail over the last few weeks. it could be an area where the mitt romney campaign is looking forward as they decided to hold this speech. host: one piece
economy will slow oil demand growth and more oil put into the economy. nevertheless, nymex is up because they talk about as well this morning spiking higher anyway. and we've seen brent surprisingly up near 116, 15.60, as well. so the iranian exports hitting a new low in september may just be helping that spike up. >> iea says supply risk whether iran, iraq, are still a fact of life in the oil market. nevertheless it does see opec spare capacity more than doubling in the next five years. >> there's a difference between that five year forecast and the short term. so we'll talk about the oil markets. also plenty more to come on today's show, as well. >> we'll find out why howard mark says gold is not an intelligent investment. we'll also hear from the chief exec tip of infosys. find out why the investors didn't like the latest results. >>> plus we'll catch up with the world trade organization. and later in the show, we let a democrat and republican fight it out on our air over who won last neat's vice presidential debate. but it's a subjective view. >> can we get that the testimony thinks
's policies would hurt farmers. the governor talks about his five-point plan to fix the economy, something he says will help everyone from farmers to small businesses. >> i'll make sure our tax policies and our regulatory policies and healthcare, all these things come together to make it easier for small business to grow and thrive. america needs this new direction. we can't go on the path we've been on. we must restore america's strength and i will do it with your help. >> the obama campaign leveling a new attack at governor romney today over his plans to cut spending, specifically cut funding for pbs that would affect big bird. they have a new ad about it on today. >> bernie madoff, gut tons of greed and the evil genius to towered over him. one man has the guts to speak his name. >> big bird, big bird, big bird. >> it's me big bird. >> big yellow, a men as to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> reporter: the republican national committee coming out with its own response, this graphic advertisement that quotes the count from ses
the global economy is critical. europe is our largest export market, and it is in a slow decline that will go on for some time. china finds europe as their largest export market. we have an extraordinary relationship with china, with our exports. all of this is under challenge. the fundamental issue is to understand if we get rid of uncertainty, if we step up in a clear way and decide what we're going to do about our unemployment by using energy, by expanding tourism, by working hard to change our regulatory system, and if we face the fundamental realities, we can fix this. we only need one thing. we need leadership in the white house and congress. we need leadership in the business community. >> can this come significantly down? >> you asked if this is the new normal. >> that is the choice americans are going to make on election day. i think most americans would say no. the american spirit is alive and well. that will help us grow the economy. but you have to look at some fundamentals. for manufacturers it is more expensive than any other country in the world. that is after you take out the
to "washington journal." as campaign 2012 hits its final month, the presidential candidates are using the economy to frame their vision for the future and what they would do for the american dream. we saw a jobs numbers that showed an unproven unemployment rate. we would like to hear your opinions. has the american dream been downsized? you can also share your opinion on social media. send us a tweet by writing @cspanwj. you can also join the conversation on facebook. or you can e-mail us. the front page of "the washington post"looks out with the call life of a salesman. he always finds to -- he always seems to find optimism in the worst of circumstances. here is another chance. the story profiles this man building and installing pools. how he had to downsize his business, cut employees, and work even harder to find jobs. let's take a look at the content. it says -- what do you think? has the picture of the american dream changed? national journal took a look it how americans are perceiving the economic situation right now, not just on a national level but on the personal lives, too. in a heartla
will that be enough to reignite pc sales, right now they're significant a tough economy, the tablet wars and sales in emerging countries are some things weighing on the pc company. >> and that, you see, nicole, windows 8 will make all the difference in the world in the pc market and i'm telling you. >> yeah, i've got muscle, i've got microsoft muscle. i hope for you, stuart. stuart: thank you. dow jones industrials opening with a rally back above 13,400. 57 this morning. to the jobless numbers we brought. the number looks good on surface, 339,000 new claims, down 30,000, a big drop. you have to look deeper, the labor department says one large state didn't report their numbers. that really changes things. this number certainly can't be compared to any previous numbers because that one big state, unnamed, is missing. we'll likely get the real number about a week from today, maybe, when this number may be revised, but why would you put out an incomplete report? i ask you. the newest poll from michigan shows mitt romney tightening the race there. president obama still leads by 6 points, 50-44. michiga
the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing in excess, he tells the president of the united states if we default on this, on our obligations and our ious, we will trigger a depression worse than the 1930s. anybody here remember the 19 1930s depression? you probably don't. i don't. i was not born, but i've read about it. it was a calamity for the world. tim geithner said to the president what, if we default on this, if we do not solve this problem, we will have an economic catastrophe that will make the 2008 financial crisis a footnote in the history books. anyone remember the 2008 financial crisis? that's coming not from some columnist or journalist, that is coming from well-informed secretary of the treasury. you think about this, there is a value in running scared. if you think about after 9/11, the terrorist attacks, one thing the country did collectively is they set up tsa, the screening at airports. there are all kinds of work, very significant work done to
's market headlines a grim imf forecast for the global economy sent stocks sliding down 110 points. nasdaq was the day's biggest loser posting its largest loss since june 25th. earnings season starts off on a good foot. alcoa beat estimates on top and bottom line. shares are getting a nice pop after-hours. >>> government is filing a civil suit against wells fargo. they are accused of reckless behavior issuing federally backed loans. shares of wells fargo fell nearly 2%. >>> all right, our top story today, german chancellor angela merkel arrived in greece today and was met with massive protests. some greeks even dressed as nazis to mock the german leader that is so nice. what a great welcome. why are the greeks protesting one of the few people who might actually be able to help them escape a economic meltdown? joining me for more on this story, university of chicago proper professor charles lipscomb and former director of the congressional budget office, douglas holtz-eakin. thanks to you both for joining us. doug, what do you think of those pictures? >> i think this is a reminder that gree
'm not an eternal optimist. i think this is all perfectly fair. >> is the economy getting worse? is it getting worse? >> yes, yes, yes. it's getting worse. absolutely getting worse. >> 7.8%. >> look, worldwide, larry, the velocity of money is dead. >> what does that mean in. >> there's no turnover. this unemployment number that the optimists hailed at great at 7.8% lifted by part-time workers. >> no one said it's great. this is important to both of you since you are both in this camp with respect to the federal reserve. you can make the case -- i don't want to get too wonky and bore our viewers, but you can make the case that the federal reserve by doing what it's doing is simply offsetting the decline in monetary velocity. if they hadn't done this, but -- >> you're not fooling corporations, though. there's no capital formation. that's why no one is hired. the male participation rate in the labor force is the lowest since 1948. >> would it be high fehr the federal reserve -- >> yes. absolutely. >> we had a strong dollar since the plaza accord in '85. >> well, look aat athe job -- >> thank ronald rea
totally stimulated the economy when you gave that panhandler at a dollar. even obama joked after his annual thanksgiving pardon that he saved or created four turkeys. my friends here know that i have a contrarian streak. i don't do groupthink. the guy who visited gulf after the bp spill and rode the environmental damage was being overstated, i was right. i had data. arguing that the stimulus was a new new deal was not just considered contrarian but delusional. like arguing the bp spill didn't happen. we can discuss why. a combination of relentless republican distortion, incompetent white house communication, brain dead media coverage, the unfortunate timing of the jobs bill that passed when the u.s. was hemorrhaging a hundred thousand jobs a month. the financial if quake had hit with the economic tsunami hadn't hit the tour. fortunately in 2010 i was 1,000 miles away and pretty oblivious to the prevailing stimulus narrative but i did become aware because i write about the environment that the stimulus included $90 billion for clean energy leveraging another $100 billion in private ca
@foxbussiness.com. >> coming up on "the willis report", more evidence obamacare is doing more harm than good for our economy. gerri breaks down how the president's new health plan will hurt your bottom line acts. and obama's campaign painted ronnie's tack when his tax plan black. we will ask professor harvey rosen later. and our financial expert will be with us. next on "the willis report." the gerri: well, there is an old saying that says when you're in a hole, stop digging. that is what is going on when it comes to the economy and the president obama's policy. our economy is like a car on winter morning, barely turning over. obamacare, health care law is a good case in point. a new study shows obamacare will cost a total of $26 billion to implement. just to implement the blizzards and blizzards of new regulations and paperwork required. again, i'm not talking about the increased costs or higher cost doctors. we are just looking at putting law into effect. here's the detail. the private sector will bear the biggest burden of those costs, $20.4 billion over the lifetime. states will have to pony up 7.2 bill
for hundreds of jobs. i just got a job so i believe the economy is getting better. host: you start a job on monday? what kind of industry? caller: it will be in health care. host: what does that mean? caller: where they deliver medical supplies and you take them to the hospital for distribution and delivery. host: what kind of money we make now compared to what you made in the past? caller: is not a pay cut but it is safe -- it is not a big pay cut, but it is a pay cut. host: so it's full-time work? caller: yes. host: what are the benefits like? caller: decent. host: you start monday -- john, tallahassee, florida is up next, hello. caller: hello, how are you doing? host: fine, thank you. caller: when you take all the jobs overseas, we cannot go overseas and work. that means someone will be unemployed. i think we need to make a demand of the entire planet and work towards creating the supply. i also think they should focus more on helping the small businesses -- financing small businesses which is creating more jobs than big business. i also would like to say that there is a lot of repeti
profit corporations are not putting back into our or economy. the largest beneficiary would be california. we want to see what the cutting edge is. most of a still look for california. -- loomost of us still look to california. what governor brown said about the traditional politics is all about taking the thing in making it fresh. to a certain extent, i tried to be a writer in college. i failed miserably. a professor said everything has been set but not everything has been said superbly. even if it had, everything must be said freshly again and again. you have to see a fresh lead to a certain extent. the real issue with -- in terms of asking the president, what are the things that matter most, a bass part of those profits would be invested in california. colorado would have a significant -- pretty much every state in the country would benefit. you look at the companies based in silicon valley. they have offices, you want to expand your business, think about those young people in colorado. everything -- stated say the same thing. that money would get spent over the country v
jabs on taxes, foreign policy and the economy in an often testy encounter. >> lower tax increase growth. >> now you're jack kennedy. >> i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. [ laughter ] >> containing the outbreak. health officials try to locate patients exposed to a deadly form of meningitis. and the firm that supplied the contaminated shots linked to the infection may have been operating illegally. >>> mayor misconduct. an elderly mayor admits to stealing hundreds of thousands of dollars from her city but she's not going jail. this is the "cbs morning news" for friday, october 12, 2012. good morning. good to be with you. i'm terrell brown. compared to last week's presidential debate last night's face off between vice president joe biden and congressman paul ryan was like a shoot out at the ok corral. from the get go it was a pull no punches performance by both candidates. they squared off on everything from the economy to foreign affairs. randall pinkston is at the debate site in danville, kentucky. good morning
fiscal 2011 thanks to higher tax revenue because of a stronger economy nd some lower spending, $60 million year over year and those numbers are down from the record $1.4 trillion in deficits we saw in 2009. we like to give you the monthly number for september. last month of the fiscal year. here's something you don't see every way. a surplus of $75 billion compared to a deficit of $73 billion in september last year. that is mainly due to accounting items, the biggest one being a shift in $60 billion in government benefit payments for social security and medicare and other things into august's of this year because of weekends and holidays in september. the administration is projecting a end to this trillion dollar trend for this fiscal year, 2013, budget forecasts projecting a deficit for 2013 of 990 one billion dollars. liz: a top $1 trillion for the fourth year roebuck monthly there's a surplus? we are looking for grain shoots. is that the start of a trend possibly? >> no. no. if we are looking at a 990 one billion dollar deficit for 2013, we are still going to have a lot of red i
that used to be. bill: republican nominee continues to press on this issue, that's the economy. >> can we afford four more years like the last four years? he wants another stimulus. how did that first one work out? and then, he wants to pick winners and losers among companies, or losers in his case and then, of course he wants to hire more government workers. look, all of these things have not ignited our economy the way it should be ignited. we've seen the slowest recovery from a recession. bill: john roberts traveling with the campaign. live in vanmeter, iowa, that is west of des moines. what is happening there, john? >> reporter: good morning. governor romney will be talking agriculture today. not surprisingly we're on a 700 acre farm owned by the cook family. a lot of soybeans and corn here. we're in madison county. governor romney won this in the caucuses by the way. he will argue the president's policies things like estate taxes, climate change, environmental regulations, energy policy are hurting farmers. he continues to go after the president on issue of jobs of the even though th
. he was quoted as saying that he thought the economy was performing at near full potential. now, first of all, when we decide that 1.5% growth is near full potential, we are in terrible trouble. and i would say geithner suffers from an amazing lack of ambition for this economy. i actually think that's what's wrong with the entire obama administration, they have a lack of ambition for this country and what it can and should do. but i would also say if he believes that, that tim geithner believes that a public sector job is equivalent to a private sector job. it's not that public sector jobs aren't important. teachers are important, firemen are important, nurses are important. but a public sector job doesn't pay for itself. taxpayers pay for it. a public sector job doesn't create other jobs. a private sector job pays for itself and creates other jobs. i frankly found his statement shocking. both because of its lack of ambition and because of its misunderstanding of what actually drives growth. it's not public sector jobs. >> let me ask you this, under reagan's recovery, were we laying of
, spend. it's good for the economy. if you love it, that's all that matters. thank you for joining. everybody, "ac 360" starts now. >>> good evening, everyone. we begin tonight with breaking news. late polling that reads like a battle damage assessment from last week's presidential debate, both nationally and in one battleground state it shows a big swing toward mitt romney. take a look. late this afternoon, there was this latest national pew research poll. governor romney now holding a four point lead among likely voters surveyed october 4th through the 7th, after the debate. that's a b swing from mid-september when president obama was ahead by eight. that was this afternoon. just a short time ago, a poll running in the detroit free press shows the president's lead shrinking to just three points in michigan. mr. obama had a ten point lead there last month. mitt romney's running mate, paul ryan, is in michigan tonight addressing a rally at oakland university in the town of rochester just outside detroit. the question tonight, if the mood of voters is changing here, could it also be
to turn, now, to the economy and the race for the white house. the nation's unemployment rate dropped to 7.8% in september, bringing it below 8% for the first time in more than 3 1/2 years. as for jobs, 114,000 were created last month. while the numbers from july and august were revised higher by 86,000. so, with just 31 days to go before the election, what impact will this have on the race? it's "your voice, your vote." and our david kerley is in orlando, florida, with the latest. good morning, david. >> reporter: good morning, bianna. mitt romney is here in florida. this battleground state. and he comes to florida without one of his most potent weapons because that jobs reporter raced the claim that the unemployment rate has been above 8% for nearly four years. that change completely altered the political landscape and narrative of the last week. in virginia, there was no public high-fiving. but the jobs numbers were cheered by supporters of the president. >> the unemployment rate has fallen to its lowest level since i took office. >> reporter: also in virginia, mitt romney's post-debate
of everything, and agriculture, oil and gas, natural resources. our recreation economy is $3 billion a year in this state to make sure we have opportunities for recreation out there. do not tell me it can be just one industry. it has to be a bunch of industries out there. >> thank you. we have run out of time for questions. and we will give each candidate to minutes for closing statements about their campaign to be montana's representatives in the u.s. senate. senator tester will go first, followed by rep river. >> i want to thank everybody in the audience and on the panel and everyone who is listening tonight. how many people in this audience are from the silly -- the city of billings. raise your hand. thank you very much. congressman rewhberg is suing each and everyone of you. i have talked about montana and people working together. the first thing you do when you've got a grass fire, the firefighters put it out and they put their but on their line and you do not respond and say thank you by filing a lawsuit, which is exactly what he did. that is not moving the committee forward. it has b
of improvement on the economy, closing the gap in most polls. but i want to show you a number. the pew poll shows that 54% of registered voters agree with the phrase doubt that obama knows how to turn the economy around. what do you make of that? >> that's been consistent, and it's been mitt romney's hope. his an state of the economy and whether the president is partially or enough to blame for the bad economy, he's going to lose. that's why you see the president has been launching all the attacks against bain and all the other things he's been doing. so that's been the weakness and the numbers, too, that i'm looking for on the inside the polls are mitt romney's attributes and his ratings among independents because forget whether the polls are skewed for ds or rs, as long as mitt romney keeps winning independents, chances are mitt romney's going to win. in this pew poll, he won independents today, having nothing to do with whether it's skewed one party or the other. that's something to keep your eye on. romney's favorability is moving up, obama's are moving down. mitt romney's winning independen
that's the worst thing you can do for the poor is to have no economic growth and a terrible economy. the way you get the poor off the rolls is to get them a job. this president has done a terrible job in that regard. host: next phone call john republican. caller: he says, there's no reason to build roads in the suburbs when they put it in the cities. guest: sir, i'm not aware of that. you maybe referring to oneqrnsñf the transportation bills that passed. you confess that the funding mechanisms for those projects are very complicated. i'm not sure that i can be much help in your question. host: cleveland, ohio, democratic caller. caller: all you republicans keep saying the obama economic program didn't work. what happened, kennedy died, there was no control of the senate, you republicans filibusterrered 275 bills in 2010. they effectively killed the total obama economic agenda. we've had over the last four years the republican austerity. the vets jobs bill was filibusterrered. four republicans crafted the bill and when the bill came to the floor, 58 members on the floor, 42 rep
the world and around this country and especially in the economy. the president has said he was too polite. advisers intimate he's going to be more aggressive obviously. but still, joe biden is joe biden. he's the regular guy. joe six-pack from scranton. president obama, that's not his persona. having said all that, i think it's a fair assumption we're going to see a much more aggressive president obama on tuesday night. >> okay. mike. as always many thanks. we're getting an update on what the gop candidates are doing today in just a minute. >>> first president obama may be reaching out to younger voters next week with another appearance on "the daily show with jon stewart." stewart criticized the president's performance in that first debate so there may be a few jokes at his expense. president obama will do the show on comedy central this coming thursday, two days after the second debate with mitt romney. >>> superstar bruce springsteen is on the road this week. he's singing the praises of president obama. and on thursday the boss will be joined by former president bill clinton, another b
, on the rope, because of economies here in spain which lully saw new protests over the weekend. many governments unable to take politically unpopular steps. the brightest, though, according to the study is the u.s. economy. >>> well, it is a sign of the times, fewer people are sending greeting cards thanks to the internet. so hallmark is closing a factory that made a third of its cards. it says sales in greeting cards are off by one-sixth. it said the company is adopting new online technology just like its customers. >>> liam neeson action film single was tops at the box office this weekend doing twice twice the business, the take for "taken 2" was 50 million bucks. meanwhile, "hotel transylvania" checked in at $27 million and "pitch perfect at $17 million. >> even if you don't like the message, it needs to get out there about travesties around the globe. >>> when we come back, see a wedding party turn into one ugly mess. the camera was rolling as a drawn brawl turned deadly. >>> also, an important new clue this morning in a desperate search for a girl who disappeared simply trying t
in this economy. that is one of the reasons we had last schools, about 38 schools submitted this round, where 10 or 12 years ago, we had close to 40 or 50. >> let's move to the format. tonight these two gentlemen will be seated, as were the vice presidential contenders in 2000. why is that? >> the commission has studied long and hard over the years and we think the nature and tenor of discourse changes when you are seated around a table. we recommend this time as we did four years ago that all of the debate other than the town hall meeting, which is different, which will be next week, all of them are seated at a table. four years ago, senator obama and senator mccain asked us to do one with the podium. they did the same this time with the governor and the president. we are not going to argue about the format as long as they don't touch the integrity of the format itself. we think a better format in getting full discussion of issues in depth of discussion of issues is when you are seated at a table, rather than standing behind a podium. >> no one is more aware than you of all the discussion, and
, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it'ses is me street. >> i'm going to stop the subsidy to pbs. >> reporter: mitt romney taking on the enemies no matter what is next. >> and theysho pictures of corrupt financial figures and big board -- bird. the makers of sesame street are unhappy and asked the obama campaign to remove big bird and that they non-parse sap and don't participate in political campaigns. >>> wrapping up a campaign in loudoun county, and that is's huge focus. beth has more. >> reporter: michelle obama is just wrapping up her speech here. i don't know if we're going to get drowned out. but she came here to send a message. that time is running out and, if you want to vote in virginia, you must register by this coming monday and there is pressure, certainly, to engize voters all over the country and especially in key swing states. mrs. obama is fired up and ready to go and talked about women's issues and that her husband's america means looking out for everybody. >> none of us gets where we are on our own. ther
more organized. but it is an uphill climb because the economy is so tough. it's an uphill climb especially after the debate there was extra local attention on that debate. there was so much residual coverage of that in the local media here that president obama's performance and mitt romney's performance played an especially huge role. >> jennifer: you think because of the local coverage coupled with the national coverage you got really saturated? >> that's absolutely right. it wasn't just the national story, it was local radio and television, and there was a before and after on all of this. >> jennifer: there still is. we're still talking about it too. so tell us about the mood of the conservative -- i know you have a radio show where you have a lot of conservative listeners so i assume they are feeling their oats for mitt romney? feeling really good? >> here is what is worrisome, i sense that the enthusiasm is on romney's side. the organization is on the democratic side, but there is a lot of enthusiasm, not necessarily for mitt romney but for the idea
the american economy and essentially saved it by kicking out all of these good-for-nothing ceos and making companies, once again, economically efficient and productive. these folks think they're heroes and they saved america. and the public thinks they are villains and their whole job is to enrich themselves and destroy jobs. >> narrator: the aftermath of some of the leveraged buyout deals was devastating: bankruptcies, factory closures, employees laid off. >> bain capital was never set up to be a job creation program. it was set up to make wealthy investors even wealthier. they didn't sit around the table talking about how many jobs this would create. oftentimes it was the opposite, how many jobs could be cut to make the company more efficient. >> mitt is a person who wants to be successful. making money is how you're measured in the private equity and venture capital business, but you're making money for your investors first and foremost, and that was always mitt's focus was to make money for them. >> narrator: the way those closest to him tell it, he had come to see himself as a white k
the president for squeezing the economy critically important agriculture industry. >> president has idea he wants to raise the tax rate from 3% to 40%. that won't be good for forms. my own view is i want to take the tax rate down. >> following iowa, romney flew to ohio, critical battleground to his victory strategy, where the voter registration ends today. romney i return at least four times in just the next week. romney aides are touting their ground game and grassroots enthusiasm. in florida, 43.5% of absentee ballot requests came from republicans. 39% for democrats. among those returned so far, 45% are g.o.p. only 38% are democrats. in colorado, republicans requested 656,000 absentee ballots of saturday to 627 for democrats. inness, absentee ballot request favor g.o.p. by 44% to 39%. in north carolina, 52% of all ballot requests of g.o.p. to only dop for democrats and 21 for independents. running mate paul ryan and joe biden off the trail getting ready for the big debate. kid rock leapt "born free" to romney for the rally theme headlined last night in michigan and considering a vice pres
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